Kingsey Falls, Québec based Cascades announced that for the sixth year in a row, it has been ranked one of the world’s 100 most sustainable corporations by Corporate Knights, a media, research and financial information company. Cascades was awarded the top position among organizations in the Containers and Packaging sector, in addition to being ranked 59th worldwide.
The analysis used to determine the ranking is based on a methodology that is reviewed annually and considers 25 performance indicators. A total of 8,359 companies worldwide with annual revenues exceeding one billion dollars were evaluated in the most recent exercise.
Cascades’ environmental, social and governance practices, as well as a business model based on the circular economy, allowed the company to excel on several levels. Among the factors assessed by Corporate Knights, Cascades stood out for its high percentage of sustainable revenue, attributable to products made from recycled or certified fibres, and sustainable investments notably in capital expenditures and research and development. The company also distinguished itself with respect to social and governance issues, including employee benefits, executive compensation tied to the achievement of sustainability objectives, and female representation on its Board of Directors.
Cascades also announced that it has retained its Silver Parity Certification from Women in Governance. This recognition reflects its commitment to promoting gender equity in its workplaces, and the quality of its practices.
Lastly, Cascades Fresh GUARD EnVision, a sustainable egg packaging solution, won the GOOD DESIGN Award 2024 in addition to the Big Innovation Award 2025.
https://boardconvertingnews.com/cascades-ranked-among-100-most-sustainable-corporations/
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